Fed's Logan: 2% inflation is not necessary for FOMC to cut interest rates

Odaily News Fed's Logan said the choice for 2025 comes down to resuming rate cuts "as soon as possible" or keeping rates unchanged for "quite a while." If the U.S. job market deteriorates, the Fed may cut rates. A strong labor market could mean the policy rate is close to neutral. 2% inflation is not necessary for the FOMC to cut rates. Central banks must anchor inflation expectations. Changes in trade policy could have a lasting impact on the economy.